Archive for the ‘BELTRAIDE’ Category

Belize Audubon Society partners with BELTRAIDE to improve community development.


Mrs. Amanda Acosta, Executive Director, Belize Audubon Society, along with Ms. Lejia Melanie Gideon, General Manager, Enterprise & Innovation Division and Mrs. Nilda Riverol signing the MOU.

Mrs. Amanda Acosta, Executive Director, Belize Audubon Society, along with Ms. Lejia Melanie Gideon, General Manager, Enterprise & Innovation Division and Mrs. Nilda Riverol signing the MOU.

BELTRAIDE through the Small Business Development Center (SBDCBelize), has signed a Memorandum of Understanding (MOU) with the Belize Audubon Society (BAS) at the Belize Training and Employment Center conference room, solidifying a partnership to assist business located in buffer communities around the protected areas.

The Belize Audubon Society (BAS) is a non-governmental conservation organization working for over 45 years in Belize, focusing on protected areas management, environmental education, advocacy, biodiversity research and monitoring, and community development.

Through the community development and outreach program, communities are engaged in sustainable development initiatives to improve their livelihoods and support conservation. For over 20 years, BAS along with various funders and partners have assisted in building resilient communities through skills training and capacity building in agro-processing, craft making, sustainable fishing, small business development and eco-tourism.

Our partnership will allow BAS to continue programs geared towards community development. Mrs. Amanda Burgos-Acosta, Executive Director, believes that this working-relationship will further demonstrate BAS commitment to empowering these communities through the execution of trainings and business advising by SBDCBelize.

Expression of Interest Notice: Participate in a Seminar on Angel Investor Engagement Training for Entrepreneurs


This training will sensitize, educate, and train regional entrepreneurs in global best practices methods of engaging angel investors for investment.

In its mission to increase the competitiveness of firms in the region, Caribbean Export has taken note of the inability of regional firms to consistently gain access to the right mix of financing applicable to their stages of development as being a major hindrance to them achieving success. As such Caribbean Export has embarked on activities, in conjunction with our World Bank partners, to increase access to private equity financing, specifically Angel Investment to regional firms. One such activity involves training regional entrepreneurs on how to properly and successfully engage Angel investors when seeking to raise capital for their businesses.

Formal Angel investing within the region is a new occurrence; however, informal angel investing has been taking place within the region for many years. There are three formal Angel groups in the Caribbean; two in Jamaica (First Angels Jamaica and Alpha Angels), and one in Barbados (Trident Angels) and others planned for formation in the short and medium term. There are also a number of regional High Net Worth Individuals (HNWIs) performing angel type activities outside the auspices of a formal angel group.

Caribbean Export will sponsor a representative from twenty (20) CARIFORUM firms to participate in this event. The aim of this initiative is to build the capacity of those selected to strategically target, engage and properly pitch to regional/international angel investors.

This EOI is targeted to, but not limited to both start-ups and established firms who are actively seeking angel capital, and also firms that are exporting or have export potential in both goods and services.

Interested persons must submit all required documentation to Caribbean Export Development Agency.

All Expressions of interest should be submitted no later than June 5th  2015 4:30 pm Barbados time, by email only and in English to Mr. Kevin Jones, Caribbean Export – Advisor; Access to Finance at emailkjones@carib-export.com.

The criteria for participating in this initiative are listed below:

Firms must submit: 

    • Indicating a willingness to provide Caribbean Export with information on your progress in seeking angel investment.
    • Demonstrating intent to use the training as a tool to target regional angel groups/ investors for funding.

Please note that the support that Caribbean Export will be providing to each of the 20 successful candidates to participate in this Business Summit is limited to:

  • Direct economy airfare for one person
  • Accommodation and daily stipend for one person (based on European Union guidelines)

The OECD defines a high-growth enterprise as a firm with an “average annualised growth in employees (or in turnover) greater than 20% a year, over a three-year period, and with ten or more employees at the beginning of the observation period.”

Expression of Interest Angel Investor Engagement Training for Entrepreneurs Final

Investor Engagement for Entrepreneurs Flyer and Agenda Final

Entrepreneur Investor Engagement EOI Application Form Final

Inspiring women entrepreneurs through the BA1 Project


Training commenced today, concurrently at San Pedro, Bermudian Landing and in Belize City for the BA1 Project.The BA1 Project includes an initiative to provide seed funds (small grants) to improve the lives of women who are at risk of and/or are victims of gender based violence and trafficking of women to help them improve their economic status.  The consultancy shall provide support to strengthen women’s capacities, both in employment skills and self-esteem, to support the identification and elaboration of productive business concepts for entrepreneurship, self-employment or cooperatives.

SBDCBelize and BTEC will therefore;

  1. Support the participating of women (or cooperatives/women´s groups) in development of their business, marketing and life plans with a focus on sustainability of activities beyond the consultancy period.
  2. Develop and implement methodological tools for follow up and monitoring of the life, marketing and business plans. During the contract period, continuously monitor and support the women in their personal development and implementation of their businesses.
  3. Develop a network where the women awarded seed funds can exchange experiences and give each other support.
  4. Systematize the experience:  document the process of the consultancy products and the lessons learned.

IMG_0214[1] IMG_0218[1]

If you would like to know more about this remarkable capacity building opportunity please feel free to contact the Women’s Department in your area.

PADF Youth-Focused Entrepreneurship Program Launches First Group of Micro-Businesses in Belize City


PRESS CONTACT

Hearly G. Mayr
Director of Communications and Public Affairs
hmayr@padf.org | work: 202.458.6180 | cell: 202.280.3846

Belize City, Belize (November 6, 2014)The Pan American Development Foundation (PADF) announces the official launch of two micro-businesses under the second phase of the Youth Engagement Services Project (YES!), a program that targets youth who have limited opportunities in order to support youth-initiated micro and small businesses that increase access to jobs and encourage entrepreneurship in Belize City.

The program, funded by the U.S. Embassy in Belize, is building on other services to complement ongoing activities by providing youth from marginal areas the essential elements of technical training and business advisory services so they can succeed in the labor market.

During Phase I, participants completed a 12-week tailored training program in entrepreneurship through SBDCBelize, under the Belize Trade and Investment Development Service (BELTRAIDE). Youth participants received training on start-up and improved business tactics and business plan development in order to be prepared to start their own business or improve an existing one. Under Phase II participants submitted business plans for review by a Business
Launch Group comprised of private sector panelists. Following this process, four of the 10 business plans submitted received seed funding.

On November 6, 2014 two of the businesses were officially launched during an event attended by the Representative of the Organization of American States (OAS) in Belize, Mr. Starret Greene; Sr. Business Advisor at SBDCBelize, Mr. Omar Castillo; Business Advisor at SBDCBelize, Ms. Gabriela Del Angel; Sr. Programs Director at PADF, Ms. Caterina Valero; and Project Director in Belize, Ms. Minerva Pinelo. The grantees are Ms. Reyna Ramos and Mr. Channing Garoy from Mayflower Street and North-Creek Road, respectively.

Ms. Ramos’ business goal is to expand her home food vending micro business with support from the YES! Program through Elt’s Grocery Store, an establishment located in her neighborhood. She plans to offer local snacks, beverages, stationeries and toiletries. Her greatest motivation is to ensure a stable future for her 6-year old son. She also plans to begin saving money to continue her education as she has completed only the first two years of undergraduate studies at a local community college.

With support from YES! the second grantee, Mr. Garoy, plans to expand his existing frozen drink micro business by marketing a local sweet frozen drink known as “ideals” and selling it under the brand name “Milky Squeez Ideals”. Mr. Garoy, who created the business in partnership with his mother, expects to start meeting growing demand by investing in cold storage equipment, transportation (bicycle and eventually a cart), and sealer materials for optimum packaging. The product, which is a result of experimenting with local flavors such as bananas, peanuts, and papaya, is currently being sold at a local hardware business where Mr.Garoy’s mother works.

About PADF

PADF is the non-profit foundation of the Organization of American States, established in 1962 to implement integral socio-economic development programs for disadvantaged people, to strengthen civil society and community groups in support of the Inter-American Democratic Charter, and to aid victims of natural disasters and humanitarian crises. In 2013, it helped more than 10.2 million people in 22 countries. Headquartered in Washington DC, PADF has field offices in Haiti, Colombia, Suriname, Honduras, and Belize, and projects throughout Latin America and the Caribbean. www.padf.org

For more information on program details, and other issues, please contact:

Minerva Pinelo
Project Director
mpinelo@padf.org
610-3922

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